In the Margins
Investors pulled $6.7 billion out of taxable bond funds in the week ended Sept 20, the group's second-largest weekly outflows on record and the biggest weekly outflows from the funds since October 2008. "This week's outflows from bond mutual funds surprised me in terms of its scale—second-largest on record—and diversity, meaning the selling was spread across categories and companies," Jeff Tjornehoj, head of Americas research at Lipper, told Reuters. Read the original story from Reuters.
Most Read
Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...
The two longest-serving independent directors of ASA Gold and Precious Metals Ltd. have resigned from the board, and all litigation pursued by activist investor Saba Capital ...
Fund Board Views has refreshed and expanded its Editorial Think Tank ahead of its 10-year anniversary this fall. The nine members will continue to work closely with ...
The Securities and Exchange Commission last week dismissed charges against the defendants in the first-ever case related to enforcement of the liquidity risk management rule adopted ...